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Madison Commercial Property For Rent
For Lease
$4,500/Mo

573 Highway 51, Madison, MS 39110

C-2 zoned commercial property with great visibility and easy access.

Space SizeContact for details
Lot Size1.00 Acre
Days on Market216

Property Features for 573 Highway 51

General Information

Standard status Active
Lot size 1.00 Acre

Taxes and HOA fees

Annual Taxes $1,314
Listing Agency: JDJ Realty
Listed By: Chad Doiron · License #S59663
Source: Exprealty
Added: Jan 21 Changed: Aug 20 Last Checked: Aug 24 at 1:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JDJ Realty

Investment Insights

Based on property information with market context.

Located within the city limits of Madison, Mississippi, along the US Highway 51 corridor, this commercial property is zoned C-2 and offers visibility and access to I-55. The building features approximately 3,000 square feet with a flexible layout that includes multiple large work areas, private suites, and conference room options. It also contains two restrooms, additional upstairs space, and a fully updated kitchen/breakroom complemented by stainless steel appliances and ample storage. The property is suited for office or retail users. The interior finishes have been recently remodeled, and tenant improvements are available for customizations. The property also offers two front door entrances and two rear patio areas. Situated on approximately 1 acre, the property provides parking capacity with the ability to add or expand parking as needed.

Key Highlights

  • High visibility location on US Highway 51 in Madison, MS with easy access to I‑55.
  • C‑2 zoning suitable for office or retail use.
  • +/- 3,000 SF building with flexible layout, including multiple work areas, suites, and conference room options.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Auto Parts Store Building Supply Auto Repair Shop Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$0.19 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

305
Businesses Nearby

Demographics for 39110, MS

48,474
Population
18,305
Households
2.6
Avg Household Size
41
Median Age
64%
College-Educated
97%
High-School Grad
74.3 sq mi
ZIP Area
652
Density / Sq Mi
$122,955
Median Household Income
$62,071
Median Earnings
$1,979
Median Rent
$342,600
Median Home Value

Market

Lease Benchmarks for Madison, MS

$22.65 /SF/Yr
Avg Asking Price
$1.24–$29 /SF/Yr
Price Range
13,346 SF
Avg Space Size

This space is priced 95% below the average of $22.65 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - C-2 zoned commercial property with great visibility and easy access.
Where is this office units located?
The property is located at 573 Highway 51 Madison, MS.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: High visibility location on US Highway 51 in Madison, MS with easy access to I‑55.; C‑2 zoning suitable for office or retail use.; +/- 3,000 SF building with flexible layout, including multiple work areas, suites, and conference room options.
More about this property
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